Alpha purchased inventory on credit for $5,000 with terms 2/10, n30, FOB Destination. As of the end of the year, the inventory was not received. Using the periodic inventory system, which of the following journal entries should be recorded? The correct answer is not listed. No journal entry because the inventory was not received. Debit Purchases 5,000, credit Accounts Payable 5,000 Debit Inventory 5,000, credit Accounts Payable 5,000 Debit Purchases 4,900, credit Accounts Payable 4,900